RETAIL LIQUOR BUSIENSS. LQST475

Price: $375,000

Location: Bergen County, New Jersey

Industry: Liquor Store

Listing ID: LQST475

Bergen County retail liquor business located on an active county road and a highly populated commercial avenue. The business has a gross income of $1,600,000 and a consistent net yearly income with additional growth and expansion. This is a dependable safe business opportunity and based on the asking price, and continued yearly net income, this business expects to supply a consistent return on investment to the owner operator. The sale includes a valuable NJ state issued distribution cigarette license. The business fixed assets have an estimated value of approximately $285,000 which is based on the replacement cost of the original buildout, representing equipment, licensing, tangible & nontangible, in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, distribution liquor license, web site, social media venues, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.

Listing Details

Revenue: $1,600,000

Cash Flow: $110,000

FFE: $325,000 (Included in Price)

Inventory: $175,000

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years in this industry.

Training & Support:

Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.

Operation

Year Established: 1980

Days & Hours of Operation: Days Hours of operation; this business is active seven days per week, with hours from 10:00 am to 9:00 pm.

Owner Hours Per Week: Full Time

Location

Security on Lease: Two Months

Lease Option: Option Available.

Monthly Rent: $5,000

Square Footage: 1,800

Relocatable?: Yes

Facilities Information:

This successful retail facility which consist of approximately 1,800 square feet have a clean professional appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this industry.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity industry require New Jersey government licensing approval to purchase or operate in addition to other than the standard required municipal licenses.

Competition:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the business opportunity can be further expanded by the new operator by improving the existing marketing plan local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted with delivery, it can further develop the business yearly gross sales.

Financing/Terms:

seller financing is available to a qualified buyer with $200,000 down payment, collateral, and credit rating.

 

Ron Cervelli

contactus@regalconsultants.com

Fill Out Our NDA

Contact Us About This Listing

  • Hidden
  • This field is for validation purposes and should be left unchanged.